Commercialization and mass production of fuel-cell materials

「SOFC（固体酸化物形燃料電池）用途では、AI需要を背景にデータセンター向け電力源としての需要が好調を維持しました。前年同期はサプライチェーン内の在庫調整を背景に需要が低下していたことも影響し、売上高は前年同期比130.1％の増収となりました。」

「In the SOFC applications, evaluations of SOFCs as highly efficient power sources capable of providing a stable power supply at data centers have increased against the backdrop of growth in the AI market. In addition, demand for our products increased amid disruptions in the supply chain of a particular country, resulting in a 35.5% increase in revenue from the previous fiscal year.」

「A broad recovery in automotive battery applications remains difficult to forecast, and our revenue decreased 4% year on year. However, revenue recovered to a 37% increase from the previous quarter by capturing the recovery in demand from some cathode material manufacturers. In the SOFC applications, revenue decreased 22% year on year due to a narrower sales channel following the withdrawal of one customer from the business, but increased 79% from the previous quarter as demand from major customers recovered.」

「In the SOFC and SOEC applications, revenue decreased year on year because the company was unable to capture demand due to inventory adjustments by major customers, despite strong conditions in the AI data center market.」

「In the secondary battery applications, revenue decreased year on year because inventory consumption within the supply chain did not progress as sales growth for electric vehicles slowed. In the SOFC and SOEC applications, revenue decreased despite progress in new customer adoption, as it did not reach the year-earlier level.」

「In the secondary battery applications, sales volumes fell below the previous fiscal year due to a slowdown in vehicle electrification, particularly in the European and U.S. markets. In the SOFC and SOEC applications, sales volumes fell below the previous fiscal year because the company was unable to capture rising overseas demand. Hydrogen-related business grew steadily.」

「Sales volumes for secondary-battery applications increased as demand grew with the expansion of electric vehicles, but progress against the full-year plan was delayed by the slowdown in the shift to EVs, mainly in Europe and the United States, and the increase in sales narrowed compared with the cumulative second-quarter period. For SOFC (solid oxide fuel cell) and SOEC (solid oxide electrolyzer cell) applications, sales volumes were roughly unchanged year on year, but sales declined year on year due to lower selling prices resulting from fluctuations in raw-material market prices. Hydrogen-related products continued to grow steadily.」

「Sales volumes for secondary-battery applications increased as demand grew with the expansion of electric vehicles, resulting in higher sales year on year. Sales volumes for SOFC (solid oxide fuel cell) and SOEC (solid oxide electrolyzer cell) applications increased in line with market growth, resulting in higher sales year on year. Hydrogen-related products grew steadily.」

「In the SOFC and SOEC applications, revenue increased year on year due to higher selling prices reflecting fluctuations in raw material prices, despite sales volumes falling short of the year-earlier level.」

「We will develop and propose electrolyte and electrode materials that meet the technical requirements needed to accelerate the commercialisation of solid oxide fuel cells (SOFCs) and solid oxide electrolysis cells (SOECs).」

「Fuel cell materials generated higher revenue, supported by solid sales volumes and higher selling prices reflecting surging raw material prices.」

「Sales volumes of fuel cell materials fell below the year-earlier level due to the impact of inventory adjustments within the supply chain.」

「Fuel cell materials fell below the year-earlier level due to the impact of inventory adjustments related to customer factory renovations.」

「The market for fuel cell materials, which our group expects to become next-generation core products, continued to grow due to sustainable energy policies in various countries and regions, and performance remained solid.」

「The market for fuel cell materials, which our group expects to become next-generation core products, continued to grow due to sustainable energy policies in various countries and regions, and performance remained solid.」

「The market for fuel cell materials, which our group expects to become next-generation core products, continued to grow due to sustainable energy policies in various countries and regions, resulting in higher revenue year on year.」

「Sales volumes of fuel cell materials, which our group expects to become next-generation core products, increased steadily against the backdrop of sustainable energy policies in various countries, resulting in higher revenue year on year.」

「Sales volumes of fuel cell materials, which our group expects to become next-generation core products, remained firm, supported by sustainable energy policies in various countries and continued active efforts by data centers, logistics centers and government facilities, where a stable power supply is required even amid the COVID-19 pandemic, to install solid oxide fuel cells. However, revenue decreased year on year due to lower average selling prices resulting from changes in the product mix.」

「Sales volumes of fuel cell materials, which our group expects to become next-generation core products, increased year on year, supported by the positive impact of sustainable energy policies in various countries and continued active efforts to install solid oxide fuel cells at data centers, logistics centers and government facilities, where a stable power supply is required even amid the COVID-19 pandemic. However, revenue decreased year on year due to lower average selling prices resulting from changes in the product mix.」

「Sales volumes increased significantly for fuel cell materials, which our group expects to become next-generation core products, supported by the positive impact of sustainable energy policies in various countries and continued active efforts to install solid oxide fuel cells at data centers, logistics centers and government facilities, where a stable power supply is required even amid the COVID-19 pandemic. However, revenue decreased year on year due to lower selling prices reflecting lower raw material prices and changes in the product mix.」

「Sales of fuel cell materials, which our group expects to become next-generation core products, remained solid, with relatively limited impact from the novel coronavirus.」

「In the fine ceramics applications business, sales increased significantly in the current consolidated fiscal year, driven by strong sales of fuel cell materials, which our group expects to become next-generation core products, and a recovery in sales of dental materials to Europe, which had been sluggish in the previous year.」

「Meanwhile, sales of fuel cell materials, which we expect to become the next-generation core products of our group, remained solid, although they were partly affected by inventory adjustments during the quarter.」

「In addition, sales of products for fuel cell applications, which we expect to become the next-generation core products of our group, have remained solid despite falling short of plan.」

「Sales of fuel-cell products, which the group expects to become a next-generation core product, increased due in part to the resumption of subsidies for the industry in the United States, although they fell short of plan.」

「Development of fuel-cell materials Securing intellectual property rights for zirconia-based materials Promoting joint research with universities Improving durability and functionality」

「Sales of fuel-cell products, which the group expects to become a next-generation core product, increased due in part to the reinstatement of subsidies for the industry in the United States.」

「Sales of fuel-cell products, which the group expects to become a next-generation core product, increased due in part to the reinstatement of subsidies for the fuel-cell industry in the United States.」

「Sales of fuel-cell products, which the group expects to become a next-generation core product, increased due in part to the reinstatement of subsidies for the fuel-cell industry in the United States.」

「We will develop and propose electrolyte and electrode materials that meet the technical requirements needed to accelerate commercialization.」

「Development of fuel-cell materials Commercializing zirconia-based materials Improving durability and functionality」

「The company will actively promote the development of fuel-cell materials, particularly solid electrolytes, with a view to commercialization, as well as the establishment of mass-production technologies.」